JALAN PERAK

JALAN PERAK in Timur Laut, Penang recorded 1 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 620K and a median price per square foot (PSF) of RM 559.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Single Storey Terraced category, cluster house dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 559, with most transactions between RM 559 and RM 559. The usual range is RM 491.50 to RM 626.50, showing that most units are priced quite close to each other. With an IQR of RM 135.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.